Guinea - Gross value added at factor cost (constant LCU)

The value for Gross value added at factor cost (constant LCU) in Guinea was 70,003,900,000,000 as of 2020. As the graph below shows, over the past 34 years this indicator reached a maximum value of 70,003,900,000,000 in 2020 and a minimum value of 17,028,900,000,000 in 1986.

Definition: Gross value added at factor cost (formerly GDP at factor cost) is derived as the sum of the value added in the agriculture, industry and services sectors. If the value added of these sectors is calculated at purchaser values, gross value added at factor cost is derived by subtracting net product taxes from GDP. Data are in constant local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1986 17,028,900,000,000
1987 17,554,000,000,000
1988 18,680,200,000,000
1989 19,148,900,000,000
1990 20,063,300,000,000
1991 20,070,900,000,000
1992 20,706,100,000,000
1993 21,726,400,000,000
1994 22,573,100,000,000
1995 23,581,300,000,000
1996 24,534,400,000,000
1997 25,546,200,000,000
1998 26,538,200,000,000
1999 27,601,300,000,000
2000 28,392,200,000,000
2001 29,444,500,000,000
2002 30,600,300,000,000
2003 31,008,900,000,000
2004 31,705,000,000,000
2005 32,429,200,000,000
2006 32,242,000,000,000
2007 33,590,400,000,000
2008 34,901,000,000,000
2009 34,625,600,000,000
2010 36,576,100,000,000
2011 38,678,500,000,000
2012 40,804,200,000,000
2013 42,520,800,000,000
2014 44,057,600,000,000
2015 46,125,100,000,000
2016 50,400,500,000,000
2017 56,687,700,000,000
2018 60,836,900,000,000
2019 64,904,800,000,000
2020 70,003,900,000,000

Base Period: varies by country

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts